Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.
) pushed the Banking industry lower today making it today's featured Banking laggard. The industry as a whole closed the day up 0.3%. By the end of trading, Credit Suisse Group fell $0.36 (-1.2%) to $30.35 on average volume. Throughout the day, 942,666 shares of Credit Suisse Group exchanged hands as compared to its average daily volume of 1,017,200 shares. The stock ranged in price between $30.23-$30.57 after having opened the day at $30.38 as compared to the previous trading day's close of $30.71. Other companies within the Banking industry that declined today were:
), down 8.0%,
), down 6.4%,
), down 6.0% and
), down 5.0%.
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Credit Suisse Group AG, together with its subsidiaries, provides various financial services to private, corporate, institutional, and government clients, as well as high-net-worth individuals worldwide. Credit Suisse Group has a market cap of $49.2 billion and is part of the financial sector. Shares are up 25.7% year to date as of the close of trading on Monday. Currently there are 3 analysts that rate Credit Suisse Group a buy, no analysts rate it a sell, and none rate it a hold.
TheStreet Ratings rates
Credit Suisse Group
. The company's strengths can be seen in multiple areas, such as its solid stock price performance, attractive valuation levels and impressive record of earnings per share growth. However, as a counter to these strengths, we find that we feel that the company's cash flow from its operations has been weak overall.
- You can view the full Credit Suisse Group Ratings Report.
On the positive front,
), up 8.4%,
), up 6.3%,
), up 5.7% and
), up 5.0%.
- Use our banking section to find industry-relevant news.
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For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the banking industry could consider
) while those bearish on the banking industry could consider
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